Fergal McAlinden

Fergal McAlinden

Fergal McAlinden is North America news editor at Mortgage Professional America and Canadian Mortgage Professional, where he reports on the US and Canadian mortgage and housing markets. Fergal joined the company in 2021, and previously worked as a reporter for a B2B industry publication in Toronto and in various freelance roles. He holds a First-Class Honours degree in Journalism.

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‘It’s not complicated’: Powell outlines Fed's rate strategy amid Trump criticism

Central bank chair suggests external pressures won’t sway Fed policy

‘It’s not complicated’: Powell outlines Fed's rate strategy amid Trump criticism

Fed holds rates steady as Trump ramps up attacks on Powell

Central bank leaves rates unchanged while Trump blasts 'stupid' Fed chair

Fed holds rates steady as Trump ramps up attacks on Powell

Is US housing affordability about to take another hit?

Homeowners and buyers are waiting anxiously to see how economic and political developments impact the housing market and mortgage rates

Is US housing affordability about to take another hit?

Trump rules out firing Powell – but again demands he cut rates

President says he 'doesn't know why it would be so bad' to remove Fed chair, but won't oust him yet

Trump rules out firing Powell – but again demands he cut rates

Latest inflation data strengthens chance of Fed rate cuts

There's no sign yet of a tariff-related cost spike for households – and the central bank is likely to be in cutting mode before the end of 2025

Latest inflation data strengthens chance of Fed rate cuts

Fed expected to keep rate cuts on ice amid continuing inflation fears

The central bank is now seen reducing rates again in September at the earliest, economists say

Fed expected to keep rate cuts on ice amid continuing inflation fears

Fannie Mae, Freddie Mac - why a US government guarantee matters for mortgages

FHFA director Pulte and President Trump want the government to maintain some oversight over the GSEs – a welcome development for borrowers, one expert says

Fannie Mae, Freddie Mac - why a US government guarantee matters for mortgages

Mortgage 'sticker shock' fading as buyers adjust to high rates

The rapid runup in rates seen in 2022 is fading into memory – and borrowers are adjusted to the new reality

Mortgage 'sticker shock' fading as buyers adjust to high rates

Strong jobs data sends bond yields higher, lowers chance of Fed cut

Yields jumped on the influential 10-year Treasury note, while the prospect of a September Fed rate reduction is rapidly fading

Strong jobs data sends bond yields higher, lowers chance of Fed cut

Mortgage rates could ease as bond yields slide and Fed pivot looms

Odds of a September rate cut are soaring, while a drop in 10-year Treasury yields may offer some relief to mortgage borrowers

Mortgage rates could ease as bond yields slide and Fed pivot looms